Oil & Energy
Petrobras: People vs. Profit
Tuesday, August 12th, 2008Why does it seem that extractive industry companies are always the ones being picked on? After all, they have to make a profit too? Why should their operations be scrutinized ever more so than those of other industries? At the risk of generalizing, the history of extractive industries justifies such scrutiny—especially in regards to community [...]
Popularity: 16% [?]
Wind Power in America?
Sunday, July 20th, 2008T. Boone Pickens Takes to the Skies
As reported in the Economist the week of July 17, 2008, Americans spend $700 billion a year on foreign oil. The country must pursue alternative energy sources as fiercely as it once shot for the moon. A Republican oilman: T. Boone Pickens might just be the man to save [...]
Popularity: 12% [?]
Nigerian “Blood Oil”
Wednesday, July 9th, 2008According to a July 7 posting on BBC Africa, an international cartel of oil smugglers steals billions of dollars in “blood oil” from Nigeria, trading it for guns, according to the president of the country. Speaking at the G8 summit in Japan, President Umaru Yar’Adua drew comparisons between oil “bunkering” and the trade in “blood [...]
Popularity: 22% [?]
PetroChina: A Stain on the Garage Floor?
Tuesday, April 1st, 2008Today, the Financial Times notes that PetroChina’s stock performance is lagging, causing it to lose it’s leadership status as the world’s largest oil company
a2a_linkname=”PetroChina: A Stain on the Garage Floor?”;
a2a_linkurl=”http://globalinvestmentwatch.com/2008/04/01/petrochina-a-stain-on-the-garage-floor/”;
Popularity: 38% [?]
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Popularity: 38% [?]
Labor’s Challenge to PetroChina
Saturday, March 29th, 2008In a letter to PetroChina CEO Jiang Jiemin, Florida State Board of Administration Senior Corporate Governance Officer Michael McCauley and AFL-CIO President John Sweeney call on the largest oil company in China to take responsibility for its actions in the two biggest human rights hot-spots in the world: Burma and the Sudan.
Read the attached letter below.
petrochina-letter-on-sudan-and-burma-from-afl-cio-and-florida.pdf
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Popularity: 42% [?]